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Glance: The biggest IPOs in history

Glance: The biggest IPOs in history

Glance: The biggest IPOs in history

Sep. 05, 2014

https://www.apnews.com/8a69d872344444b1b64a79bb95a72641

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NEW YORK (AP) — Chinese e-commerce company Alibaba Group is seeking to raise up to $24.3 billion in an initial public offering on the New York Stock Exchange, which would value the company at $163 billion. Those are both IPO records. Here's a look at some of the largest global IPOs ever, based on records from data provider Dealogic.

The largest IPOs by amount raised:

1. Agricultural Bank of China Ltd. raised $22.12 billion in its June 2010 debut in Hong Kong and Shanghai. It had a market capitalization of $133.4 billion.

2. Industrial & Commercial Bank of China raised $21.93 billion in its October 2006 debut in Hong Kong and Shanghai. It had a market capitalization of $131.83 billion.

3. AIA Group Ltd. raised $20.49 billion in its October 2010 debut in Hong Kong. It had a market capitalization of $30.54 billion.

4. Visa Inc. raised $19.65 billion in its March 2008 debut in New York. It had a market capitalization of $44.32 billion.

5. NTT Mobile Communications Network Inc. raised $18.38 billion in its October 1998 debut in Tokyo. It had a market capitalization of $64.59 billion.

6. General Motors Co. raised $18.14 billion in its November 2010 debut in New York and Toronto. It had a market capitalization of $49.5 billion.

7. Enel SpA raised $17.41 billion in its October 1999 debut in Italy and New York. It had a market capitalization of $54.85 billion.

8. Facebook Inc. raised $16.01 billion in its May 2012 debut in New York. It had a market capitalization of $81.25 billion.